Listen: The Semiconductor Market To Grow 7.5 Percent
The semi-conductor market is set to increase dramatically with a 7.5 % boost in 2018 totaling out to about $481 billion. This outlook rose by $23.6 billion compared with the previous forecast as prices continue to rise for both DRAM and NAND flash memory. Although, Gartner is stating that with component shortages come a volatile market in the upcoming year as an ever-increasing BOM results in having to raise certain ASP’s. However, if we remove memory sectors from the situation, the market growth percentage lowers to 4.6% in comparison to 9.4% from the previous year. In a recent statement, Gartner’s Ben Lee states to Electronics Weekly that, “after growing by 22.2% in 2017, worldwide semiconductor revenue will revert back to single-figure growth in 2018 before a correction in the memory market results in revenue declining slightly in 2019.” With this significant boost in predicted revenue, it’s evident that semi-conductors will continue to experience a steady upward buildup in the years to come.
Latest
Amazon’s HQ2 Pause Should Force Businesses to Rethink Workplace Flexibility Office Space Expansion
As Amazon decides to pause the construction of its HQ2 project amidst an uncertain economic climate, businesses are forced to grapple with the strategic viability of their workplace and work model. Major tech companies, faced with significant workforce reductions, are reevaluating the need for traditional office spaces and whether it’s a wise decision to consider […]
Metaverse Marketing: Influencer Avatars Open Up Retailers to a Target Generation of Consumers
The Metaverse has been growing since 2020 and is predicted to hit $800 billion by 2024. The Metaverse has always been extremely popular with the gaming industry, but there are more areas where the Metaverse has been proven to generate revenue for companies. Retailers are now expanding and using Metaverse marketing to reach younger generations […]
Sustainable Living: Exploring the Relationship Between Home Development and Trees
On this episode of Building Roots, two of Treenewal’s ISA Certified Arborists, James Allen and Cory Herpel, discussed the importance of taking a proactive approach to maintaining healthy trees in developing communities. They highlighted the need for involving an arborist early in the process, before any construction takes place, to minimize root damage and other […]